California-based bank had grown as it drew in crypto customers but later failed after billions were withdrawn
The demise of the San Diego-based bank leaves crypto start-ups in a bind
Plus, Yannick Bolloré steps into his power at Vivendi and The Restaurant Group resists activist pressure
Shares plunge after lender whose fortunes tumbled since collapse of FTX announces liquidation
One of crypto’s favourite banks is liquidating
Shares of California-based lender more than halve after it revealed deterioration in capital position
Lender braced for ‘sustained period of lower deposits’ even as its faith in digital asset industry remains intact
US-listed lender to cut 40% of staff as it reels from FTX collapse
Shares in California-based group plummet after it announces customers pulled $8bn in deposits
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